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Credit Risk Management Jobs in Alberta (NOW HIRING)

Working closely with Credit Risk Management and Finance to set credit loss provisions for the loan portfolio in accordance with IFRS-9 requirements. You will own the quantitative methodologies for ...

Full responsibility for the management of the Finning Canada Accounts Receivable risk profiles. Ensure credit exposure is appropriately managed, customers who are past due are appropriately escalated ...

Full responsibility for the management of the Finning Canada Accounts Receivable risk profiles. Ensure credit exposure is appropriately managed, customers who are past due are appropriately escalated ...

... Credit Risk Management as needed and confirm the availability of financing for the Commercial Account Manager Obtain comments from the Account Managers on the preliminary versions of credit ...

... Credit Risk Management as needed and confirm the availability of financing for the Commercial Account Manager Obtain comments from the Account Managers on the preliminary versions of credit ...

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Credit Risk Management information

See Alberta salary details

$29K

$104.9K

$194K

How much do credit risk management jobs pay per year?

As of Aug 7, 2026, the average yearly pay for credit risk management in Alberta is $104,872.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,000.00 and $140,500.00 per year, depending on experience, location, and employer.

What are some common challenges faced by professionals in credit risk management, and how can they be addressed?

Professionals in Credit Risk Management often encounter challenges such as assessing complex borrower profiles, keeping up with changing regulatory requirements, and managing large volumes of data. To address these, it's important to develop strong analytical skills, stay updated on industry regulations, and leverage technology for more efficient data analysis. Collaborating closely with other departments, such as sales and compliance, also helps ensure well-rounded risk assessments and effective risk mitigation strategies.

What are the key skills and qualifications needed to thrive in credit risk management?

To thrive in Credit Risk Management, you need strong analytical skills, financial modeling expertise, and a solid background in finance or economics, often supported by a relevant degree. Familiarity with risk assessment software, credit scoring systems, and regulatory compliance tools such as Basel III is highly valued. Attention to detail, effective communication, and sound judgment are crucial soft skills for evaluating creditworthiness and collaborating with stakeholders. These skills ensure accurate risk assessments, regulatory compliance, and informed decision-making to protect the organization's financial health.

What does credit risk management do?

Credit risk management involves identifying, assessing, and monitoring the risk of borrowers defaulting on their financial obligations. Professionals in this field analyze credit data, use risk assessment tools, and develop strategies to minimize potential losses for lenders or financial institutions.

What is the average salary of a credit risk management analyst?

The average salary of a credit risk management analyst typically ranges from $60,000 to $85,000 annually, depending on experience, location, and industry. Professionals in this role often require strong analytical skills and knowledge of financial modeling tools.

What is the difference between Credit Risk Management vs Credit Analysis?

AspectCredit Risk ManagementCredit Analysis
Primary FocusAssessing and mitigating overall credit risk for an organizationEvaluating individual creditworthiness of borrowers
CertificationsTypically requires certifications like CFA, Credit Risk certificationsOften requires financial analysis certifications or degrees
Work EnvironmentStrategic, risk-focused, often in risk departmentsAnalytical, detail-oriented, in credit or lending departments
Industry UsageCommon in banking, financial services, and lending institutionsUsed across banks, credit agencies, and lending firms

While both roles involve assessing financial information, Credit Risk Management focuses on the broader risk exposure of the organization, whereas Credit Analysis concentrates on evaluating individual borrowers' creditworthiness. Understanding these differences helps professionals and employers align roles with skills and organizational needs.

What is credit risk management?

Credit Risk Management is the process of identifying, assessing, and mitigating the risk that a borrower or counterparty will fail to meet their financial obligations. Professionals in this field analyze creditworthiness, set lending policies, and monitor existing loans to minimize potential losses for banks or financial institutions. Effective credit risk management helps ensure the stability of financial systems and protects organizations from significant financial loss.
What are popular job titles related to Credit Risk Management jobs in Alberta? For Credit Risk Management jobs in Alberta, the most frequently searched job titles are:
What job categories do people searching Credit Risk Management jobs in Alberta look for? The top searched job categories for Credit Risk Management jobs in Alberta are:
Infographic showing various Credit Risk Management job openings in Alberta as of August 2026, with employment types broken down into 87% Full Time, and 13% Part Time. Highlights an 100% In-person job distribution, with an average salary of $104,872 per year, or $50.4 per hour.

AVP Credit Risk Modelling

Peoples Group

Calgary, AB โ€ข Hybrid

Full-time

PTO

Posted 22 days ago


Job description

We are hiring for this position out of our Toronto, Vancouver and Calgary offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.ย 

About the Role

Reporting to the Senior Vice President of Financial Risk, you will play a critical second-line role, as the owner of IFRS-9 Expected Credit Loss (ECL) modelling and quarterly production, Stress testing for ICAAP and quarterly board reporting as well as portfolio reporting on climate risk exposures. Working closely with Credit Risk Management and Finance to set credit loss provisions for the loan portfolio in accordance with IFRS-9 requirements. You will own the quantitative methodologies for expected credit loss (ECL) and be accountable for running ECL results for the portfolio on at least a quarterly basis.

You will also be responsible for developing forecasted macroeconomic scenarios and the associated weightings needed for IFRS-9 ECL provisions, as well as for stress testing purposes. Additionally, you will have primary accountability for explaining changes in ECL results to the Chief Risk Officer (CRO) and Chief Financial Officer (CFO), along with the impact of stress scenarios on credit provisions.

This is an excellent opportunity for an experienced risk professional with strong modelling and data skills that would relish the challenge of developing an end-to-end ECL calculation and governance process for quarterly financial reporting and stress testing..

About the day-to-day:ย ย 

  • Owner of Expected Credit Loss models and methodology, running them on a quarterly basis
  • Development of economic forecasts and inputs required by models
  • Development and documentation of stress scenarios
  • Preparing stressed ECL results for ICAAP
  • Manage governance and oversight process for forecasting and provisioning
  • Tracking of loan performance data across portfolios over time
  • Tracking model performance metrics for ECL models
  • Working closely with senior stakeholders in Credit Risk Management and Finance to set allowances for expected credit loss in financial reporting
  • Oversee development and maintenance of data sets required for Climate Risk reporting
  • Own stress testing methodologies for the Cards and Payments Business
  • Prepare quarterly stress testing results across, credit, market as well as the cards and payments business

About the qualifications:ย ย 

  • 10+ years of experience working in quantitative risk management (including time spent in relevant academic research), with a primary focus on designing and implementing financial, credit, and macroeconomic models.
  • Minimum Education/Qualifications: Master's degree in a quantitative discipline; CFA or FRM required.
  • Understanding of Expected Credit Loss Modelling within an IFRS-9 context and experience developing Probability of Default, Loss Given Default and Exposure at Default for retail and corporate credit portfolios.
  • Expertise in time series econometric modelling, with experience coding and calibrating ARIMA-X time series models and troubleshooting numerical calibration algorithms with time series data.
  • Experience working with credit portfolio data at financial institutions and actively resolving data governance challenges across multiple departments.
  • Advanced data governance skills with experience in managing large borrower/loan data sets from multiple source systems.
  • Experience developing and implementing IFRS-9 time series models for FLI, resolving specification issues, and presenting results to executive audiences.
  • Excellent time management skills with the ability to balance quarterly reporting requirements alongside complex multi-quarter projects like ICAAP.

About us

Peoples Group is a trusted financial services company for the innovators at the forefront of Canadaโ€™s economic future. With offices in Vancouver, Calgary and Toronto, we are driving change by working alongside challenger banks, fintechs, brokers, and merchants to foster a dynamic and competitive financial ecosystem.ย 

Our culture is built on four core behaviors: Grit to Grow, Connect to Collaborate, Putting Clients First, and Owning the Outcome. We believe people do not simply choose a company to work forโ€”they choose a company that makes a positive impact in the lives of Canadians. Above all, we value people, build meaningful relationships, focus on individual strengths, and approach our work with passion.

About the work environment:ย 

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8:00am and 4:30pm with flexibility around start/end times.ย 

We offer:ย 

  • A hybrid work environment, enabling you to balance your personal and professional life seamlessly.ย 
  • Competitive salaries, profit sharing, RRSP matching and benefits from day one.ย 
  • Generous paid time off to help achieve a healthy work-life balance.ย 
  • A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.ย 

Hiring process:ย ย 

If your application is selected, you will be invited for a first interview with one of our Talent Acquisition Business Partners. Depending on the role, interviews may be conducted virtually or in-person. The hiring team will communicate any in-person requirements throughout the process.ย 

Compensation:ย ย 

The expected salary for this role is approximately $140,000.00 - $160,000.00 annually. Actual compensation may vary based on experience, skills, and qualifications.ย 

NOTE: This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest; however, only those applicants under consideration will be contacted.ย ย 

We value and celebrate individuality while fostering an inclusive workplace for everyone. If there's any way we can support or accommodate you during the selection process, please don't hesitate to let us know.ย